Get Accurate LME Steel Rebar FOB Turkey (STEEL-RE) Prices in Multiple Currencies Using Python with this API

In today's fast-paced financial landscape, having access to accurate and real-time pricing data is crucial for businesses operating in the metals market. The Metals-API provides developers with the tools necessary to obtain precise LME Steel Rebar FOB Turkey (STEEL-RE) prices in various currencies. This blog post will explore how the Metals-API empowers businesses through digital transformation, technological innovation, and data analytics, enabling them to make informed decisions based on real-time data.

About LME Steel Rebar FOB Turkey (STEEL-RE)

The London Metal Exchange (LME) Steel Rebar FOB Turkey is a critical benchmark for steel prices in the global market. As industries increasingly rely on digital solutions, the integration of smart technology and data analytics into metal markets has become essential. The Metals-API serves as a bridge between traditional metal trading and modern technological advancements, offering developers the ability to access and utilize real-time pricing data effectively.

With the rise of digital transformation, businesses can leverage the Metals-API to gain insights into market trends, price fluctuations, and historical data. This capability allows companies to adapt to changing market conditions and make strategic decisions that enhance their competitive edge.

API Description

The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing metal prices, including LME Steel Rebar FOB Turkey. By utilizing this API, developers can build next-generation applications that harness the power of real-time data. The API supports multiple endpoints, each offering unique functionalities that cater to various business needs.

For instance, the Metals-API Documentation outlines how to retrieve the latest rates, historical data, and even perform currency conversions. This flexibility allows businesses to customize their applications according to specific requirements, ensuring they have the most relevant data at their fingertips.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, enabling businesses to access a wealth of information. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. This feature is essential for businesses that need up-to-the-minute pricing information.
Historical Rates Endpoint: Businesses can access historical rates dating back to 2019. By appending a specific date to the API request, users can analyze past market trends and make informed predictions about future price movements.
Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one currency to another seamlessly. This feature is particularly useful for businesses operating in multiple countries.
Time-Series Endpoint: Users can query the API for daily historical rates between two chosen dates, allowing for in-depth analysis of price movements over time.
Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis, helping businesses understand market volatility.
Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for businesses dealing in precious metals.
Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices over a specified period, providing insights into market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing businesses to analyze long-term trends.
API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API includes 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metal symbols, ensuring users have access to the latest information.
News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metal data into their applications.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1761782573,
    "base": "USD",
    "date": "2025-10-30",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XZN": 0.344828
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1761696173,
    "base": "USD",
    "date": "2025-10-29",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-23",
    "end_date": "2025-10-30",
    "base": "USD",
    "rates": {
        "2025-10-23": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-25": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-30": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761782573,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-23",
    "end_date": "2025-10-30",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        },
        "XAG": {
            "start_rate": 0.03825,
            "end_rate": 0.03815,
            "change": -0.0001,
            "change_pct": -0.26
        },
        "XPT": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1761782573,
    "base": "USD",
    "date": "2025-10-30",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        },
        "XAG": {
            "open": 0.03825,
            "high": 0.0383,
            "low": 0.0381,
            "close": 0.03815
        },
        "XPT": {
            "open": 0.000915,
            "high": 0.000918,
            "low": 0.00091,
            "close": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1761782573,
    "base": "USD",
    "date": "2025-10-30",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        },
        "XPT": {
            "bid": 0.000911,
            "ask": 0.000913,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API is a powerful tool for developers looking to access accurate LME Steel Rebar FOB Turkey (STEEL-RE) prices in multiple currencies. By leveraging the API's extensive features, businesses can gain valuable insights into market trends, optimize their operations, and make data-driven decisions. The integration of real-time data analytics and smart technology into the metals market is not just a trend; it is a necessity for companies aiming to thrive in a competitive landscape.

For more information on how to implement these features and access the full capabilities of the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols page for a comprehensive list of available metal symbols. Embrace the future of metal trading with the Metals-API and unlock the potential of real-time data.

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Get Accurate LME Steel Rebar FOB Turkey (STEEL-RE) Prices in Multiple Currencies Using Python with this API